Stock trading is a high-stakes game. On some days, you may enjoy the benefits of pleasing and positive numbers. On other days, however it could be the reverse and it can be very difficult to return to where you were at your peak. If you are constantly stuck in the gutter, you will have be aware that relying solely on your instincts and preserving might not be enough.
If you’ve been incurring losses from time to time You’ll need sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from trading partners from all over the globe, which is why we’ve identified an option that can help you in your improvement in the market. We’ll take the time to look at Profit.ly A well-respected one-stop social platform for trading!
For those of you who prefer a more visual experience, here is a video review from Mark Gossage’s YouTube channel. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Profity Apfelkiste
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that permits traders of all levels to be informative responsible, transparent, and encouraging each other through its broad variety of tools and features such as trade verification, chat rooms as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading website that serves both as a learning and education platform for those who are starting out and also as a platform for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. Offering users a broad array of options for communication and trade, it helps traders from all walks of life network with one another. It offers gurus with worthy investments within the boundaries of the platform. Think of it as an online social media platform similar to Facebook and Reddit, but for traders and experts.
Profit.ly independently validates trade performance and then publishes the information from them in the form of leaderboards. The trading platform is built on trust and transparency. it guarantees that the trades are authentic and won’t accept fake news as long as possible. It was founded in the past by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes magazine, Sykes said that Profit.ly was driven by its focus “on showing every trade, something that has never been previously done.” The concept was, he said, serving two goals: 1.) keeping track of public data for all traders, not just the gurus as well as newsletter authors and students and secondly) making it possible for all users to gain insight into both the wins and losses to benefit the industry of trading. Profity Apfelkiste
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of features and services aimed towards achieving the success of their business. You may set up an account on the site for free, but you’re only limited to having the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real-time You’ll need to join one of Profit.ly’s offerings, which we will review in the coming days.
The process of opening an account is easy: create an account with your experience and knowledge, then connect to your brokerage account and you’ll have an opportunity to make your way up to at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users an insight into the performance of the trading community and its experts. It’s not just a way to prove your worth to a community of traders. You can also use Profit.ly to buy from a guru with the assurance that you’re confident in their skills and the legitimacy of their claims.
If you are unsure about the concept of leaking the details of your broker account you may choose to publish your trades, whether verified or otherwise, through screenshots. Also included in Profit.ly is the huge selection of trading classes and the capability to see the stats of a trader’s account, and more ways to communicate with your gurus via chatrooms as well as notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” is a small business’s shares that trade for under $5 for each share. The trading of penny stocks can be seen as an opportunity for small businesses to transition into a larger market because it gives them access to money from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes can surely tell through his many years of expertise.
From his beginnings in his late years in high school, Tim Sykes has, since then, earned an estimated $6 million profits through his lengthy career as trader. At 25 years old, he had been given greater exposure and a larger impact when he was a part of the reality show “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms and penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a place of transparency, and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have made substantial amounts of money from their combined years of knowledge. Profity Apfelkiste
At its height, Profit.ly had housed up to five gurus, all of them a professional in their niche in the trading industry. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing there are only two gurus who remain on this platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packaged offers each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services which focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 for a month you’ll observe him focus on fundamental stock catalysts and use them to forecast the next move that is possible when trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app available for iOS and Android devices, as well as texts, emails and push alerts; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. At $149.95 for a month this is the perfect plan for those who are more involved in investing in penny stocks. Pennystocking Silver includes all the basic features that were included in earlier plans which includes swing trading alerts and unlimited access to a rich collection of more than 7,000 educational videos that are updated weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in total trading profits. Profity Apfelkiste
The Superman Alerts package is his offering of essential features and trading alerts geared to those interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist along with the mobile app, the daily market updates in real-time, as well as E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to a knowledgeable base provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. In addition, you’ll also get access to premium research reports and an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re looking to join the online trading community and make a mark on the field, Profit.ly has the right amount of tools to get you started. The platform has three membership tiers that cater to traders of different levels. Let’s look at what the three are and how much they’ll cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the world of trading. Once you have signed to this plan you’ll be given a slew of robust and essential trading tools, each of them integral in keeping your fingers on what can describe as a cutthroat process in and of itself.
Among the list of things you can accomplish using Profit.ly’s Novice package include the ability to confirm trades and track profits and follow-up, leading, and even messaging your fellow traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze the results of your analysis, sort, as well as filter trades; and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per month. While it may look attractive simply because of the price however, there’s a drawback. It isn’t possible to create a private profile, which makes your activities publicly available. If you’re looking to gain an account with this option, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader package lets you to take advantage of the majority of features available in the novice plan. It is in this plan that you can set up an account that is private to share with other associates all your insights and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater to those who desire to improve their trading skills. As nice as it seems, there is one significant aspect that’s not included. In contrast to the Novice package, this one won’t be able view other traders’ statistics that could be a problem for those who are eager to try this new tier. Profity Apfelkiste
The Professional plan can be described as the highest premium package that Profit.ly could offer for seasoned traders. With $74.95 monthly, with an additional 22% discount for billing annually, this tier has it all. You will have full, unrestricted access to all features of the prior plans.
In addition, you’ll be able to view other people’s stats, but you’re also given the option of creating an individual profile. These two features are plus the other benefits that you can use to the maximum extent. If you’re in search of an option that gives you with everything you require as an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly has a few additional services that it can offer. One of these is its online store, which lets users choose from a wide array of videos designed to inform and provide guidance on the nuances and pitfalls of trading. The products listed in this section of the site can be bought immediately for your personal use. Some of these include bestsellers such as the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and all other things trading-related, clips and footage from The Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s range of services and features. You are probably familiar with the chat room as you will see it on messaging and social platforms, in addition to a few special websites that provide live chat assistance. But on Profit.ly the chat room is viewed as a hands-on space where experts and their members trade and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the listed members there. One of them may be laid back and less active, while another may be more interactive and online to their pupils. Consider chat rooms as Profit.ly’s version of the forum in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards an array of stock traders, from novices to experienced professionals. Given the wide range of options it offers it is certain to have something for all.
Beginners, for instance, will appreciate Profit.ly’s library of learning information available on the platform. They will also be provided with videos every week and chat room advice by its internal gurus and members. They’ll also be able to select from the products in its online store to carry with them wherever they be. You can also get hands-on experiences by trading through the platform, but eventually, they will soon learn that the process is a high-stakes game that should not be viewed as an amusing pastime.
For traders who have decades of experience in the line, we believe Profit.ly equally suitable for them as it is for those who are just starting. Although the novices might not be as proficient in handling trading matters but the experts already know how it works and the stack full of risks that come with it. In the ideal scenario, they can use Profit.ly’s variety of features to their best advantage to improve their skills in trading. Like novices, they can learn from the top experts and experts , and use those simple tips and hints to help them along.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the excitement! Those in the trading industry who are on similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their expertise to other traders in order to assist them in the ever-changing trading process. Profity Apfelkiste
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You will receive excellent training and insights from its in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices There is truly something for every person
- Profit.ly’s bountiful stream of packages and products offered may not be enough for a lot of its users
- If traders decide to open any kind of trade, there’s a possibility that some of them could profit from cherry-picking the best trades to boost their rating this could be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds as its premium users are expected to immediately benefit from the many services the platform has to provide
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could think of an appropriate answer for this query, it’s a ‘yes’. But you need to understand that the platform should not be used as a quick-fix scheme to make money. It wasn’t intended to be created for this reason. Instead, you should have the ability to think with an open heart. Profity Apfelkiste
What we are referring to by ‘yes’ is that it is a fantastic learning tool. People who are stuck might find Profit.ly’s array of resources to be helpful as they do their best to reduce loss and perform better than they did before. It’s not just the struggling traders who will profit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly want to become better at trading and wish to be taught by your fellows and gurus on the way, take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Profity Apfelkiste
How do you use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries within the My Trade section of the dashboard. It lets you post your trades that are verified or otherwise. You may choose between three choices:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually inputting your trades with the spaces provided and details
- Take a photo of your transactions
How can I tell if the trade is verifiable or not?
If you purchase your trade through a reliable brokerage, there’s the chance that it is verifiable. This is shown by the blue check mark. If you submit it manually or through images, it will be classified as unverified.
The downside of having an unauthenticated trade is the risk of receiving negative feedback from fellow peers. If you receive too many negative votes, it could cause you to show up at the top of the Madoff leaderboard, where users can see who’s fraudulent in posting trades.
Does the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download from the Apple App Store and the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just seeking to make the most profit but also assist each other to develop and grow in their ability to take advantage of stock market opportunities both right and left.